Quest Diagnostics, Inc. (DGX) volume hits 1.02 million: A New Opening for Investors

Witnessing the stock’s movement on the chart, on Thursday, Quest Diagnostics, Inc. (NYSE: DGX) had a quiet start as it plunged -1.55% to $135.42, before settling in for the price of $137.55 at the close. Taking a more long-term approach, DGX posted a 52-week range of $119.59-$148.62.

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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 4.86%. Meanwhile, its Annual Earning per share during the time was 7.36%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 1.31%. This publicly-traded company’s shares outstanding now amounts to $111.00 million, simultaneously with a float of $109.71 million. The organization now has a market capitalization sitting at $14.99 billion. At the time of writing, stock’s 50-day Moving Average stood at $128.81, while the 200-day Moving Average is $131.23.

Quest Diagnostics, Inc. (DGX) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Diagnostics & Research industry. Quest Diagnostics, Inc.’s current insider ownership accounts for 0.90%, in contrast to 90.66% institutional ownership. According to the most recent insider trade that took place on Feb 29 ’24, this organization’s SVP & General Counsel sold 5,611 shares at the rate of 125.88, making the entire transaction reach 706,313 in total value, affecting insider ownership by 38,478. Preceding that transaction, on Feb 29 ’24, Company’s EVP, Regional Businesses sold 1,187 for 125.88, making the whole transaction’s value amount to 149,420. This particular insider is now the holder of 68,412 in total.

Quest Diagnostics, Inc. (DGX) Earnings and Revenue Records

Quest Diagnostics, Inc.’s EPS increase for this current 12-month fiscal period is 1.31% and is forecasted to reach 9.46 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.21% through the next 5 years, which can be compared against the 7.36% growth it accomplished over the previous five years trading on the market.

Quest Diagnostics, Inc. (NYSE: DGX) Trading Performance Indicators

Let’s observe the current performance indicators for Quest Diagnostics, Inc. (DGX). It’s Quick Ratio in the last reported quarter now stands at 0.89. The Stock has managed to achieve an average true range (ATR) of 2.94. Alongside those numbers, its PE Ratio stands at $18.22, and its Beta score is 0.88. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.61. Similarly, its price to free cash flow for trailing twelve months is now 15.83.

In the same vein, DGX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 7.43, a figure that is expected to reach 2.35 in the next quarter, and analysts are predicting that it will be 9.46 at the market close of one year from today.

Technical Analysis of Quest Diagnostics, Inc. (DGX)

Going through the that latest performance of [Quest Diagnostics, Inc., DGX]. Its last 5-days volume of 1.58 million indicated improvement to the volume of 1.06 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 82.55% While, its Average True Range was 3.23.

Raw Stochastic average of Quest Diagnostics, Inc. (DGX) in the period of the previous 100 days is set at 60.13%, which indicates a major fall in contrast to 74.13% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 27.38% that was higher than 20.04% volatility it exhibited in the past 100-days period.